No, they had their earnings call on same day. weaker revenues...

No, they had their earnings call on same day. weaker revenues caused that drop.

Look at the presentation to their investors. EPS accretive even before synergies. Near perfect re-balance of revenues and geographies. This is worth a crap load more to them than what they are paying. NTC Board too clueless/lazy to know how to extract the additional dollars from them. Their advisers must have also been pretty weak. Casa hired Macquarie to advise. The sharpest investment bank in AU and one of the best in the world.

https://seekingalpha.com/article/4243388-casa-systems-casa-acquire-netcomm-wireless-slideshow